Euro Bullish Above 1.3437

[B]Commentary:[/B] We wrote yesterday that “the wave structure continues to favor the upside. Look for a new high, above 1.3637, in order to complete the third wave within a 5 wave rally from 1.3261. A 4th wave correction would be next and a 5th wave advance would complete the entire rally (above 1.3680). We?ll look for a reversal following the 5th wave completion.” The 4th wave correction is playing out now. Look for support near the 38.2% of 1.3371-1.3659 at 1.3549. The structure is bullish above 1.3437.

[B]Strategy:[/B] None